Long-term investing is one of the best ways to build wealth. To achieve goals such as saving enough for retirement, you must invest wisely. Follow these six steps to begin.
During Pride Month, we celebrate the extraordinary courage and contributions of the Lesbian, Gay, Bisexual, Transgender, and Queer (LGBTQ+) communities. Learn about the great work some of our community partners are doing with LGBTQ+ communities across California.
Join this free webinar to learn about the different options to pay for education and training past high school. Topics include student loans, grants, ScholarShare 529, and information on private colleges, trade schools, and apprenticeship programs. Register online.
For more events happening in your community, visit our Events Calendar.
NEWS & UPDATES
Student Loan Empowerment Network launch – Dealing with student loan debt? Check out the Student Loan Empowerment Network (SLE Network), a group of community-based and legal aid organizations that provide free assistance to Californians struggling to understand and pay off their student loan debt.
Investor Center launch– We’ve launched our Investor Center,a new website dedicated to empowering individuals of all experience levels about investing, fraud and scams, and how to make informed financial decisions.
CONSUMER ALERTS & ENFORCEMENT ACTIONS
Each month, we keep you up to date on the latest financial scams, fraudulent activities, and deceptive practices, and the enforcement actions we're taking against bad actors.
DFPI cautions on apps offering unqualified securities – We issued desist and refrain orders for violations of California securities laws against Alluo and Star Network, which both unlawfully offered investments to the public through smartphone apps available for download from app stores.
Fee scam involving unauthorized use of DFPI logo– We have received information about scammers fraudulently claiming to be from the “Department of Financial Protection and Innovation” and using the same letterhead and logo of the DFPI. The imposters are seeking payment for “Financial Protection Plan” and “Change of Name” fees to be paid via a digital payment app.
The Federal Trade Commission’s Data Spotlight blog offers insights and data about the top scams and fraud reported to them. Check out its Anatomy of an Imposter Scam series on how to spot and protect yourself from the most common types of imposter scams.
CLOTHILDE V. HEWLETT Commissioner of Financial Protection and Innovation
California Department of Financial Protection and Innovation, 2101 Arena Blvd, Sacramento, California, 95834-2306
